Mill Road Capital III, L.P. - 19 Jan 2022 Form 4 Insider Report for SUPERIOR INDUSTRIES INTERNATIONAL INC (SUP)

Role: 10%+ Owner
Signature: /s/ Justin C. Jacobs, Management Committee Director of sole general partner on behalf of Mill Road Capital III, L.P.
Issuer symbol: SUP
Transactions as of: 19 Jan 2022
Net transactions value: +$140,134
Form type: 4
Filing time: 21 Jan 2022, 18:22:22 UTC
Previous filing: 03 Jan 2022
Next filing: 25 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SUP	Common Stock, $0.01 par value	Purchase	$8,992	+2,000	+0.06%	$4.50	3,223,718	19 Jan 2022	Direct	F1
transaction	SUP	Common Stock, $0.01 par value	Purchase	$1,814	+403	+0.01%	$4.50	3,224,121	20 Jan 2022	Direct	F1
transaction	SUP	Common Stock, $0.01 par value	Purchase	$25,000	+5,000	+0.16%	$5.00	3,229,121	20 Jan 2022	Direct	F1
transaction	SUP	Common Stock, $0.01 par value	Purchase	$137,425	+33,229	+1%	$4.14	3,262,350	21 Jan 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SUP	Put options (obligation to buy)	Sale	$9,270	-103	-50%	$90.00	103	19 Jan 2022	Common Stock	10,300	$5.00	Direct	F1
transaction	SUP	Put options (obligation to buy)	Sale	$14,727	-155	-38%	$95.01	258	20 Jan 2022	Common Stock	15,500	$5.00	Direct	F1
transaction	SUP	Put options (obligation to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-50	-13%	$0.000000	322	20 Jan 2022	Common Stock	5,000	$5.00	Direct	F1, F2
transaction	SUP	Put options (obligation to buy)	Sale	$9,100	-65	-4.7%	$140.00	1,312	21 Jan 2022	Common Stock	6,500	$5.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares reported are directly held by Mill Road Capital III, L.P. (the "Fund"). Mill Road Capital III GP LLC (the "GP") is the sole general partner of the Fund and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the Fund. Mr. Lynch is a management committee director of the GP and has shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the GP. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
F2	Each put option became exercisable on the date purchased, which dates range from 12/22/2021 to 12/31/2021.

Content

The shares reported are directly held by Mill Road Capital III, L.P. (the "Fund"). Mill Road Capital III GP LLC (the "GP") is the sole general partner of the Fund and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the Fund. Mr. Lynch is a management committee director of the GP and has shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the GP. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.

Each put option became exercisable on the date purchased, which dates range from 12/22/2021 to 12/31/2021.